Middleby Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Tim FitzGerald (52 yo)
3.92yrs
Tenure
US$9,406,995
Compensation
Mr. Timothy J. FitzGerald, also known as Tim, has been Chief Executive Officer and Director since February 16, 2019 and served as the Chief Financial Officer of The Middleby Corporation (formerly known as...
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Oct 01 2022 | n/a | n/a | US$406m |
| Jul 02 2022 | n/a | n/a | US$478m |
| Apr 02 2022 | n/a | n/a | US$485m |
| Jan 01 2022 | US$9m | US$975k | US$488m |
| Oct 02 2021 | n/a | n/a | US$438m |
| Jul 03 2021 | n/a | n/a | US$322m |
| Apr 03 2021 | n/a | n/a | US$223m |
| Jan 02 2021 | US$5m | US$975k | US$207m |
| Sep 26 2020 | n/a | n/a | US$264m |
| Jun 27 2020 | n/a | n/a | US$286m |
| Mar 28 2020 | n/a | n/a | US$357m |
| Dec 28 2019 | US$7m | US$975k | US$352m |
| Sep 28 2019 | n/a | n/a | US$338m |
| Jun 29 2019 | n/a | n/a | US$329m |
| Mar 30 2019 | n/a | n/a | US$321m |
| Dec 29 2018 | US$4m | US$850k | US$317m |
| Sep 29 2018 | n/a | n/a | US$297m |
| Jun 30 2018 | n/a | n/a | US$299m |
| Mar 31 2018 | n/a | n/a | US$293m |
| Dec 30 2017 | US$587k | US$575k | US$298m |
| Sep 30 2017 | n/a | n/a | US$304m |
| Jul 01 2017 | n/a | n/a | US$305m |
| Apr 01 2017 | n/a | n/a | US$300m |
| Dec 31 2016 | US$5m | US$575k | US$284m |
Compensation vs Market: Tim's total compensation ($USD9.41M) is about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.92yrs | US$9.41m | 0.62% $ 51.2m | |
| Chief Financial Officer | 3.92yrs | US$3.04m | 0.028% $ 2.4m | |
| Chief Technology & Operations Officer | 1.92yrs | US$3.40m | 0.043% $ 3.5m | |
| Treasurer | 20.92yrs | US$2.68m | 0.14% $ 11.8m | |
| Chief Commercial Officer | 1.92yrs | US$3.33m | 0.032% $ 2.6m | |
| Division President of Middleby India & Global Chief Information Officer | 9.17yrs | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Consultant | 3.92yrs | US$9.23m | no data | |
| President of CookTek and President of Carter-Hoffmann | 3.42yrs | no data | no data | |
| Group President of business operations in Asia | 1.92yrs | no data | no data | |
| President Food Processing Group | no data | US$583.49k | no data | |
| VP of Supply Chain & Group President of Houno A/S | 14yrs | no data | no data |
3.9yrs
Average Tenure
54.5yo
Average Age
Experienced Management: MIDD's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.92yrs | US$9.41m | 0.62% $ 51.2m | |
| Independent Chairman of the Board | 17.67yrs | US$255.14k | 0.071% $ 5.9m | |
| Independent Director | 45yrs | US$250.14k | 0.020% $ 1.7m | |
| Independent Director | 7.17yrs | US$250.14k | 0.013% $ 1.1m | |
| Independent Director | 9.17yrs | US$245.14k | 0.011% $ 913.3k | |
| Independent Director | 3.42yrs | US$230.14k | 0.036% $ 3.0m | |
| Independent Director | 5.67yrs | US$230.14k | 0.019% $ 1.5m |
7.2yrs
Average Tenure
60yo
Average Age
Experienced Board: MIDD's board of directors are considered experienced (7.2 years average tenure).